Deductions from Adjusted Gross Income, Calculating Tax Liability (LO. 3, 5) Hongtao is single and has a gross income of $85,700. His allowable deductions for adjusted gross income are $4,300, and his itemized deductions are $19,350. The standard deduction for 2020 is $12,400. Round all final amounts to the nearest dollar. Refer to the Tax Rate Schedules to answer the following questions. a. Hangtao's taxable income is $ 62,050 and his tax liability is $ for 2020. Feedback b. If Hongtao has $10,100 withheld from his salary during 2020 then Hongtao has a refund of $ Feedback c. Assume the same facts as in part a and part b, except that Hongtao is married. His wife's salary is $26,000, and she has $1,300 withheld from her paycheck. They file jointly. The standard deduction for 2020 is $24,800. Their taxable income is $ and their tax liability is $ for 2020. They will receive a refund of $ Feedback Feedback